CO-OP BANK TO ACQUIRE CIBC FIRSTCARIBBEAN Managing director of the Grenada cooperative bank Richard Duncan says the significance of the acquisition of FCIB First Caribbean is in being a locally owned and managed financial institution which has developed its capacity to the point of competing and acquiring another entity. Duncan alludes to a major milestone for co-op bank which has a history with FCIB First Caribbean’s predecessor Barclays bank. | GBN Grenada Broadcasting Network